Orlando, FL -- (SBWIRE) -- 10/17/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Rite Aid Corporation (NYSE:RAD), Companhia Siderurgica Nacional (ADR) (NYSE:SID).
Rite Aid Corporation (NYSE:RAD) shares gained 0.59% to $5.14. The company on Oct. 10 has been ordered to pay more than $12 million to settle a civil lawsuit filed in California claiming about 600 of its stores illegally dumped pesticides, bleach and other toxics. The environmental protection lawsuit was filed last month by the district attorneys of Los Angeles, San Joaquin and Riverside counties. In all, 52 California district attorneys joined the civil action. A judgment was filed in San Joaquin Superior Court two weeks ago ordering Rite Aid to pay the penalty.
Are investors worried about the recent updates with RAD? Find out with a free trend analysis HERE
Companhia Siderurgica Nacional (ADR) (NYSE:SID) shares gained 2.91% to $5.47. Zacks on Sept. 19 reiterated a Neutral recommendation on Companhia Siderurgica Nacional (SID), or CSN, a renowned Brazilian steel maker.
The upgrade is the result of both growth prospects of the worldwide steel industry as well as that of SID. Instabilities in the U.S. and the Eurozone are abating while China has recently shown solid signs of growth. All these have increased demand for better infrastructure and modernized farming techniques and thus for steel. According to the World Steel Association, estimated global consumption of steel is likely to grow 2.9% in 2013 and 3.2% in 2014.
Is SID going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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